dissapointed, page-2

I say CXY is moving forward in that they are progressing assets towards value add, such as the Mackenzie JORC. Of course this doesn't affect the SP, it is not likely to until there is a positive announcement concerning such.

It has been many years since major investors will buy on speculation, the 2008 GFC took care of that. Now they mostly purchase on a done deal or signed contract. Even then there may not be that much of a rise until such project is actually producing a profit.

Quite frankly, one wouldn't enter CXY or many many other companies on the ASX other than judging it's a fair risk for a sub-basement entry. SIR is an excellent example of a 5c share now over $2.80 (it did go over $4 at one stage). However those sought of things occurring are in the vast minority.

IMO a few things have to go right for CXY to advance SP wise, the Court case settled with a reasonable compensation being one of them.

From your point of view though, I guess CXY - UCG would have to take off and get underway in Indonesia for you to see a profit. That unfortunately for your patience, may take time for fruition. Such to occur would possibly make many here akin to winning the lottery, in that it may move the decimal point a 2 or 3 places. That's the stuff dreams are made out of. On the upside it's within the range of future CXY possibilities. Only time and eventual hindsight will answer that one.